This was 2008 and the guy was convinced that Detroit was the place to invest with a HELOC from my personal home.Like others have said; go to the seminars if they're free to see if you can glean any information, but don't get suckered. 

I suspect that we will all be waiting a lifetime to see rates back to were they were 2 to 4 years ago.. so I would not bank on that.. as for pricing.. if its a place to live then you certainly can just wait and see.. its not like your homeless or need to move other than you don't care for your neighbors.. markets always slow about now.. what will be telling in my mind is were we are at next Feb March April in the buying season as it were.I was in a conference this week here in Vegas and some of the speculation is that many of the commercial type loans that had 5 , 7 and 10 year calls  are going to stress those that had max leverage.. as the rates rise the cap rates rise to keep pace thereby devaluing the properties.. to the point some of these investors are going to need to bring some to significant amount of fresh capital to pay down their debt to get a refi.. and that will stress those assets and there could be a real buying opp in that sector.. at least that's what I gleaned from the talk I listened to yesterday... hope you find that dream home in the country !!!

There are ways to get information, education, and glean from others' experience without pulling funds directly out of your pocket.

What I gleaned from the podcast was something like this: 1.

I think there are many valuable lessons in here if they can be separated out and gleaned from this. 1 major thing is that this is your your business and ultimately your model will succeed or fail based on the business model you have and the people on your team. 

Maybe there is something I can glean from that.Thanks!

Hoping that I can glean some insights and possibly leads to good properties. 

Hi BP'ers- I am hoping to glean some insight into a lease option deal that I am considering.

I'm new to REI as well but the info I've gleaned from the other investors has already helped me get my first deal!

The other thing I gleaned from this is its highly regionalized.. areas of older stock HIGH % of rentals wholesaling was much more viable.. areas of stability and owner occ and no boarded up homes much tougher.